PCI-DSS is a security compliance standard to guarantee that all businesses that accept, process, store, or transmit credit card data maintain a protected environment. The PCI-DSS compliance standard was developed by major credit card companies, including Visa, Mastercard, American Express, Discover, and JCB, to protect sensitive customer data and lessen the risk of data breaches and fraud. PCI-DSS applies to all organizations that accept credit card payments regardless of size or type. It is designed to protect against various threats, including hacking, identity theft, and credit card fraud.

Compliance is one of the essential security measures for companies. PCI-DSS is important because it helps to safeguard sensitive financial and personal information from being accessed by unauthorized people. Suppose a business handles credit card transactions and does not obey PCI-DSS guidelines. In that case, it is at risk for data infringements, which can result in the loss of consumer trust and monetary impairment.

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